Today, EBA Moldova, represented by Mrs. Mariana Rufa, EBA CEO, together with the EBA Financial-Banking Community, participated in the meeting of the National Bank of Moldova (NBM) on the draft HCE of the NBM "For the approval of the Regulation on the indisputable collection of funds from bank accounts and/or payment accounts", where all the main actors of the financial sector were present.
Main business and banking sector concerns presented by the EBA:
- The need to clarify the mechanism for the suspension of operations and the application of the seizure of funds on bank accounts.
- Impact of the regulation on the activity of payment service providers and financial institutions.
- The risk of inconsistent interpretation and application of the provisions on uncontested collection.
- The need for clear deadlines and a transparent appeals procedure.
- EBA Moldova reaffirms its commitment to work with the NBM and other stakeholders to ensure a balanced regulatory framework that protects the interests of both the authorities and the business community.